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Tech expert highlights importance of global cooperation amid new US chip controls

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      China

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      Tech expert highlights importance of global cooperation amid new US chip controls

      2025-01-15 21:55 Last Updated At:01-16 00:27

      A Chinese professor on Tuesday highlighted the importance of global cooperation in the sci-tech sector after U.S. President Joe Biden unveiled sweeping new controls on artificial intelligence (AI) chip exports which some fear could hinder technological development.

      Released just days before President-elect Donald Trump takes office, the policy would impose worldwide restrictions and licensing requirements on advanced computer chip exports for AI applications.

      The new rules have set up three tiers, with preferences given to U.S. allies like the UK, Germany and Japan, limits on some nations which may be seen as solid U.S. trading partners like Israel and Mexico, while countries seen as the most adversarial to the U.S. face the strictest restrictions, including China.

      Several U.S. tech firms and industry groups have condemned the policy shift, saying it could severely damage America's global competitiveness in AI technology and harm its tech market leadership.

      Giving his assessment, Gai Keke, an associate professor at the School of Cyberspace Science and Technology under the Beijing Institute of Technology, underscored the critical role of global cooperation in addressing the complexities of emerging technologies such as AI.

      "I think this may cause concerns about innovation cooperation, considering this policy shift, it could have an impact on international cooperation and even cooperation in other scientific and technology fields. At the same time, we also observe that from the perspective of technological development, accelerating investment in R and D and enhancing independent innovation capabilities are important aspects of solving technology restrictions," said Gai.

      "Therefore, we need to continue investing in education, industrial upgrading and so on to mitigate the risks to technological developments brought about by changes in the international environment," he added.

      Against the backdrop of rapidly evolving technology and rising geopolitical tensions, Gai called on countries around the world to take a balanced approach, noting that while it is important for them to bolster their own domestic capabilities to navigate an increasingly complex global landscape, they should also aim to foster greater collaboration to drive innovation.

      "First, cooperation is crucial for promoting innovation and inclusion. For example, as an emerging technology, composite AI technology needs to integrate multiple special specialized AI models which [foster] cross-border collaboration. Second, cooperation is very important for building trust and avoiding divisions. We all know that intelligence brings both risks and opportunities to people. Effective cooperation is the basis for helping humans strengthen their ability to use technology and avoid differences. I also would like to say that cooperation generally is an effective way to solve complex problems," said Gai.

      Tech expert highlights importance of global cooperation amid new US chip controls

      Tech expert highlights importance of global cooperation amid new US chip controls

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      Shopping malls in Shanghai adapt to cater to growing 'silver economy'

      2025-05-15 05:20 Last Updated At:06:17

      As China's elderly population grows, shopping malls in Shanghai have actively adapted part of their services to cater to the needs and preferences of elderly consumers, tapping into silver-haired consumer market.

      This trend reflects the city's efforts to enhance elderly care services amid the population aging. By the end of 2023, people aged 60 and older reached 5.68 million in Shanghai, representing a whopping 37.4 percent of the city's total population.

      A shopping mall on the downtown Nanjing East Road pedestrian street has opened a dedicated club for senior citizens, offering a diverse range of activities from the operation of health workshops to traditional handicraft classes.

      "I gain a lot every time I come here. I can participate in various club activities and also exchange knowledge and everyday life hacks with others," said Fu Meilin, an elderly resident.

      The mall houses nearly 60 time-honored brands, along with dining and entertainment options suited to senior citizens.

      Another business district in Shanghai's Putuo District has adopted a different approach, focusing on attracting retirees during weekdays while catering to younger shoppers on weekends.

      Restaurants offer affordable off-peak meal deals priced under 100 yuan (about 13.88 U.S. dollars), attracting a large number of senior customers.

      To ensure a convenient and enjoyable shopping experience for the elderly, many shopping malls have conducted age-friendly renovations, including providing comfortable seating areas, accessible restrooms, and consumer guidance services for the elderly shoppers.

      Driven by the population aging, China's "silver economy" has shown vast growth potential, with the market currently estimated at around seven trillion yuan and projected to reach a 30 trillion yuan by 2035.

      Shopping malls in Shanghai adapt to cater to growing 'silver economy'

      Shopping malls in Shanghai adapt to cater to growing 'silver economy'

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